Residential Property
Jardine Matheson underlying profit up 65% amidst challenging conditions
Jardine Matheson underlying profit up 65% amidst challenging conditions
Its underlying profit of $832.2m is still 17% below pre-COVID levels.
Million-dollar flat transactions reach record high by July 2021
A total of 120 flats sold for more than $1m as of the first seven months of the year.
Auction success rate could surpass 5% for 2021: KF
There was a total of 200 auction listings in the second quarter, 40 of which were residential properties.
Luxury home sales break 11-year sales record amidst heightened alert
A total of 811 condos were sold in the last quarter, the highest since Q4 2010.
HDB resale prices climb for the 5th consecutive quarter by 3.0%
Resale volumes were at 7,063 during the first Phase 2 (Heightened Alert) period.
Bid for Tampines EC site breaks records
Garnering 9 bids, the expected selling price of the site could fall between $1250 to $1300 psf.
Ascott reaches over 40% YoY unit growth
The wholly-owned subsidiary of CapitaLand secured more than 8,300 units across more than 30 properties from January to July 2021.
Real estate investment volume grows by 44.5% in Q2
The residential market posted a strong performance whilst retail continues to struggle.
Private home sales slip 2.6% amidst tighter restrictions in June
Developers sold 872 units in June, lower than last month’s 895.
JLL invests $2.6m to develop real estate talent in Singapore
Its three-year Future Skills programme will support new talent, mid-career transitioners, and those who need to upskill.
Chart of the Day: HDB rental market inches up 1% in June
Mature and non-mature estates rents increased 0.1% and 1.9%, respectively.
Singapore property investment deals could reach $30b by end-2021: KF
Property investment sales surged to $5b in Q2 2021.
Condo rents stay the same in June
Meanwhile, private and HDB rental volumes rose for the third consecutive month.
Condo resale volumes fall 12.6% to 1,510 units in June
Tighter safety management measures continued to restrict the market, analysts say.
Shophouse sales breach new high with 118 transactions in H1
Knight Frank expects sales values for the full year to exceed the $1.46b high posted in 2018, with sales volumes to cross the 200 unit mark.
HDB resale prices climb for the 12th straight month in June
HDB prices record a 0.9% uptick in June from May.
Yanlord pre-sales slip by 3.7% in first half
The SGX-listed real estate firm’s contracted pre-sales was at $5.97b.
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